In 10 years of researching digital transformation, MIT Sloan senior lecturer and collaborators have identified ways in which some companies are becoming “digital masters,” while others fall behind.
Leadership capability is the ability to envision and drive organizational change in systematic and profitable ways. Digital capability empowers organizations to not only enhance existing processes and products, but improve or even create new business models.
Companies that effectively harness and unite the two capabilities become “digital masters,” able to transform digital technology into a business advantage. In 2021, digital mastery is more important than ever because the risks of falling behind are increasing.
“In 10 years of research, we have seen digital transformation…